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video Gold remains in a tight consolidation pattern as it has for the past nine days. The high of the range is at 2,364 (C), also a weekly high, and the low is 2,315. On Wednesday gold advanced to a three-day high of 2,357, once again testing resistance at the 20-Day MA. At the time of this writing gold is on track to close at its highest daily closing ...
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Overnight, LME copper opened at $9,913/mt, with the initial session low at $9,860/mt. It then fluctuated upwards, reaching a session high of $10,010/mt at the end of the trading session, and finally closed at $10,006.5/mt, with open interest at 342,000 lots. Overnight, the most-traded SHFE copper contract (2407) opened at ¥80,330/mt, initially fluctuating ...